Elm3 Financial Group LLC acquired a new stake in shares of Invesco Building & Construction ETF (NYSEARCA:PKB – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 5,724 shares of the company’s stock, valued at approximately $530,000. Elm3 Financial Group LLC owned approximately 0.18% of Invesco Building & Construction ETF as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the business. Sound Income Strategies LLC acquired a new stake in Invesco Building & Construction ETF during the 4th quarter valued at approximately $367,000. Accel Wealth Management grew its stake in Invesco Building & Construction ETF by 21.8% during the 4th quarter. Accel Wealth Management now owns 9,147 shares of the company’s stock valued at $847,000 after purchasing an additional 1,639 shares in the last quarter. Strategic Advocates LLC acquired a new stake in Invesco Building & Construction ETF during the 3rd quarter valued at approximately $27,000. Susquehanna International Group LLP grew its stake in Invesco Building & Construction ETF by 56.2% during the 3rd quarter. Susquehanna International Group LLP now owns 4,639 shares of the company’s stock valued at $444,000 after purchasing an additional 1,670 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco Building & Construction ETF by 22.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 64,467 shares of the company’s stock worth $6,163,000 after buying an additional 11,925 shares during the last quarter.
Invesco Building & Construction ETF Stock Up 1.3%
NYSEARCA:PKB opened at $104.55 on Friday. The business’s 50 day moving average is $102.39 and its two-hundred day moving average is $98.05. Invesco Building & Construction ETF has a 52 week low of $63.30 and a 52 week high of $111.24. The company has a market cap of $431.79 million, a PE ratio of 21.37 and a beta of 1.31.
Invesco Building & Construction ETF Company Profile
PowerShares Dynamic Building & Construction Portfolio (the Fund) seeks investment results that correspond generally to the price and yield of the Dynamic Building & Construction Intellidex Index (the Index). The Index evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. The Index consists of stocks of 30 United States building and construction companies. These are companies that are primarily engaged in providing construction and related engineering services for building and remodeling residential properties, commercial or industrial buildings, or working on large-scale infrastructure projects, such as highways, tunnels, bridges, dams, power lines and airports.
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